​MEDIA COVERAGE

Startups won't stop: UAE ecosystem set for livelier 2019The UAE's startup ecosystem is poised to become more buoyant as 2019 unfolds with more appetite for seed funding as well as for larger funds at the Series B level. The sector closed 2018 on a very positive note and is now gearing up for more action in 2019 with more exits in the offing. Max Liu, co-founder and CEO of EMQ, endorsed the same positive sentiment: "The whole payments ecosystem in the Middle East is undergoing significant transformation....Read More

How a startup helps WeChat in Asian remittance battle​As China’s digital payments industry has become somewhat saturated after years of explosive growth, mainland service providers have begun stepping up focus on overseas markets. Amid such efforts, WeChat Pay, the payment service of internet giant Tencent (00700.HK), has chosen to partner with EMQ, a startup that is building a financial settlement network in the Asian region....Read More

Tencent & Alibaba chase remittances in battle for Southeast AsiaJAKARTA/HONG KONG (Reuters) -For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services. Sending money across borders, however, is harder than it looks. That helps explain why both companies are working with a Hong Kong-based financial technology start-up, EMQ, which has regulatory approvals and bank partnerships in place across Southeast Asia and elsewhere.… Read More

MONEY MOVERAmerican Max Liu had a stellar Wall Street career, working in high-profile jobs in firms such as Goldman, Citadel and his own boutique investment firm. Yet he decided in 2014 to venture out and start an online remittance firm called EMQ Inc., based in Hong Kong.… Read More

INTERVIEW: Making Remittances Easier for Asia's Migrant WorkersIn Hong Kong, EMQ partners with Tencent Holdings to provide the latter’s We Remit service, which launched in October 2017, offering Hong Kong’s 170,000 or so Filipinos the chance to send money home free of charge – at least for an initial period. The News Lens sat down in Taipei to talk with Liu about EMQ’s story.… Read More

Globe ties up with fintech startupGlobe Telecom announced a partnership with EMQ, a remittance-focused financial technology startup based in Hong Kong, in a bid to make further inroads in the country’s massive overseas Filipino worker market.…Read More